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#068 – Grow Talent, Let Them Go: Rethinking Retention (with Mark Peters)

#068 – Grow Talent, Let Them Go: Rethinking Retention (with Mark Peters)

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 What if your best strategy for solving talent shortages was to invest so deeply in your people that they outgrow you—and you cheer them on? In this episode, Tim Borys talks with Mark Peters, CEO of Butterball Farms and author of The Retention Trap, about why smart leaders focus on developing people for what’s next. They unpack the Great Lakes vs. Great Salt Lake analogy, why education is the next big benefit, and how small companies can use their close connections to help employees grow. 💡 Topics Covered: Why retention shouldn’t be the goal How to build a talent ecosystem that flows Investing in education and resilience The role of AI in training and development How small companies can lead the way 00:00 Introduction to Talent Shortage Solutions 00:31 Welcome and Guest Introduction 01:08 Rethinking Retention Strategies 04:40 The Great Salt Lake vs. The Great Lakes Analogy 06:34 Small to Mid-Market Company Challenges 16:26 The Source: A Collaborative Employer Initiative 24:00 The Cost of Turnover and Employee Development 26:05 Personal Stories and Family Business Insights 28:10 Workplace Wellbeing and Leadership Mindset 29:39 Blaming External Factors for Employee Problems 30:12 Investing in Employees for Better Outcomes 31:00 Mindset Shift: Scarcity to Abundance 36:20 The Role of Employers in Solving Social Problems 43:50 AI in Workforce Development 45:53 Preparing for the Future Workforce 53:50 Tangible Steps for Leaders 55:54 Conclusion and Call to Action 👉 Listen now and rethink what “good leadership” looks like. #MarkPeters #TheRetentionTrap #TalentDevelopment #LeadershipMindset #WorkingWellPodcast #GrowYourPeople #EmployeeEngagement #FutureOfWork
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